Aptus Defined Risk ETF (BATS:DRSK) Short Interest Update

Aptus Defined Risk ETF (BATS:DRSK) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,127 shares, a decrease of 91.3% from the September 15th total of 12,925 shares. Based on an average daily volume of 231,346 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Aptus Defined Risk ETF Price Performance

Shares of BATS DRSK traded up $0.01 during midday trading on Friday, reaching $27.27. 163,258 shares of the company traded hands, compared to its average volume of 147,340. Aptus Defined Risk ETF has a 52 week low of $26.95 and a 52 week high of $30.15. The stock has a 50-day moving average price of $28.13 and a 200 day moving average price of $28.45. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37.

Institutional Trading of Aptus Defined Risk ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC grew its holdings in Aptus Defined Risk ETF by 3.7% during the fourth quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock worth $447,000 after acquiring an additional 565 shares during the period. Compass Financial Management LLC bought a new stake in Aptus Defined Risk ETF in the second quarter worth about $103,000. Finally, Valeo Financial Advisors LLC acquired a new stake in Aptus Defined Risk ETF in the 2nd quarter valued at about $408,000.

About Aptus Defined Risk ETF

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.